Falcon Tyres net profit declines 29.41% in the March 2014 quarter

Sales decline 39.49% to Rs 126.38 crore

Net profit of Falcon Tyres declined 29.41% to Rs 0.84 crore in the quarter ended March 2014 as against Rs 1.19 crore during the previous quarter ended March 2013. Sales declined 39.49% to Rs 126.38 crore in the quarter ended March 2014 as against Rs 208.86 crore during the previous quarter ended March 2013.

For the full year,net profit reported to Rs 4.75 crore in the year ended March 2014 as against net loss of Rs 58.98 crore during the previous year ended September 2012. Sales rose 32.31% to Rs 1198.66 crore in the year ended March 2014 as against Rs 905.96 crore during the previous year ended September 2012.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Sep. 2012% Var.Sales126.38208.86 -39 1198.66905.96 32 OPM %-0.4410.45 -5.607.23 - PBDT3.777.62 -51 28.6833.25 -14 PBT0.841.19 -29 4.7715.19 -69 NP0.841.19 -29 4.75-58.98 LP

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